Diebold Nixdorf, Incorporated (NYSE:DBD) Short Interest Down 8.9% in December

Diebold Nixdorf, Incorporated (NYSE:DBD – Get Rating) was the recipient of a large decline in short interest during the month of December. As of December 30th, there was short interest totalling 9,860,000 shares, a decline of 8.9% from the December 15th total of 10,820,000 shares. Currently, 13.2% of the company’s stock are short sold. Based on an average daily volume of 1,820,000 shares, the days-to-cover ratio is currently 5.4 days.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DBD shares. DA Davidson lowered Diebold Nixdorf from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $5.00 to $3.00 in a research report on Monday, October 24th. StockNews.com lowered Diebold Nixdorf from a “hold” rating to a “sell” rating in a research report on Friday, November 18th.

Diebold Nixdorf Stock Performance

DBD traded up $0.03 during trading on Tuesday, hitting $2.41. The stock had a trading volume of 470,835 shares, compared to its average volume of 1,025,716. The company has a 50 day moving average price of $1.84 and a 200-day moving average price of $2.64. Diebold Nixdorf has a one year low of $1.26 and a one year high of $10.10.

Diebold Nixdorf (NYSE:DBD – Get Rating) last released its quarterly earnings results on Tuesday, November 8th. The technology company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.39). The company had revenue of $810.40 million during the quarter, compared to analyst estimates of $836.29 million. Research analysts expect that Diebold Nixdorf will post -1.01 EPS for the current year.

Institutional Trading of Diebold Nixdorf

Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in shares of Diebold Nixdorf by 3.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 65,264 shares of the technology company’s stock worth $149,000 after buying an additional 2,330 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Diebold Nixdorf by 14.9% in the 1st quarter. MetLife Investment Management LLC now owns 28,775 shares of the technology company’s stock worth $194,000 after purchasing an additional 3,730 shares in the last quarter. Hsbc Holdings PLC increased its holdings in Diebold Nixdorf by 11.7% in the 1st quarter. Hsbc Holdings PLC now owns 38,083 shares of the technology company’s stock worth $257,000 after purchasing an additional 3,994 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Diebold Nixdorf by 6.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 76,824 shares of the technology company’s stock worth $187,000 after purchasing an additional 4,671 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in Diebold Nixdorf by 10.2% in the 3rd quarter. Price T Rowe Associates Inc. MD now owns 59,893 shares of the technology company’s stock worth $147,000 after purchasing an additional 5,552 shares in the last quarter. 74.46% of the stock is currently owned by institutional investors.

Diebold Nixdorf Company Profile

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Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in Western Europe, Eastern Europe, Asia, the Middle East, Africa, the United States, Canada, Mexico, and Latin America. It operates through Eurasia Banking, Americas Banking, and Retail segments.